Abstract
It is time to stop regulating the electricity industry as if it were a natural monopoly. Technology has moved on and competition must not be discouraged by regulation. Competition is not only necessary for lower prices to consumers: the particular technological developments that have taken place in recent years mean that competition can diversify supply sources and contribute to increased security of supply.
Original language | English (US) |
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Pages (from-to) | 53-57 |
Number of pages | 5 |
Journal | Economic Affairs |
Volume | 24 |
Issue number | 1 |
DOIs | |
State | Published - Mar 2004 |
Externally published | Yes |
ASJC Scopus subject areas
- Geography, Planning and Development
- Development
- Aerospace Engineering